2023-10-6 10:17 |
The increase in staking has reduced the appeal of ether from a yield perspective, the report said. origin »
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Ethereum (ETH) appears to be finally waking from its slumber, surging nearly 37% in the past week following Bitcoin’s (BTC) all-time-high (ATH) rally. Spot Ethereum ETFs Record Daily Inflows Ethereum, the second-largest cryptocurrency with a market cap of approximately $404 billion, is now gaining ground on BTC, with the platform’s ETH token jumping more than 35% over the past week.
Ethereum staking continues to grow this year despite the emergence of spot exchange-traded funds (ETFs) and the digital asset’s price relative price weakness. On Oct. 8, blockchain analytics firm IntoTheBlock reported that Ethereum staking rose by 5.
DeFi's resilience amid market turmoil underscores its potential to operate autonomously and maintain stability without central intervention. The post DeFi protocols show resilience despite this week’s macro crash: IntoTheBlock appeared first on Crypto Briefing.
Jump Trading has shifted significant amounts of Ethereum and wrapped staked Ethereum, raising speculation about its intentions. The Chicago-based trading giant has been actively moving its crypto assets, with notable transactions taking place over the past two weeks. In the…
Pendle has recently lost $3 billion of its TVL with the June expiry as a result of diminishing airdrop farming hype and lower yields amid muted crypto activity.
The proposal, initially introduced in February, could harden Ethereum's native cryptocurrency, ether, as as a form of money – by reducing the inflation of new supply. But some members of the community say if it's not broke, don't fix it.
Money management giant Fidelity wants to allow traders of its potential ethereum fund to be able to stake some of the assets, it wrote in an amendment with the U.S. Securities and Exchange Commission (SEC).